Expanded Medication Requirements for RCFE

  In California, Health & Safety Code Sec. 1569.69 requires all staff for RCFEs to consent to updated and extended assisted living medication training necessities while helping the occupants with self-administering of the needed medication. Since almost all RCFE’s are required to administer medication to seniors living in your residential care facility, the new training…

Why Commercial Coverage Matters For RCFEs

How Your Commercial Insurance Will Protect Your RCFE If you are running a smaller residential care facility for the elderly, you might assume that a standard homeowners insurance policy will offer you and your residents enough coverage. In fact, though, that policy will not just fall short of meeting your needs; it will not meet…

Your Deadline Is Coming Up!

Will You Be Compliant By July 1st? As of July 1st, 2015, all residential care facilities for the elderly (RCFEs) need to be carrying liability insurance. Why? Because California recently passed Assembly Bill 1523, which mandates that all RCFE owners have at least $1 million per occurrence and $3 million in the annual aggregate of…

Does My RCFE Really Need Insurance?

Be Prepared For A Lawsuit With The Right Insurance Even before the passage of AB 1523—which mandates that all RCFE facilities carry liability insurance—it was in each facility’s best interest to carry insurance coverage. Why? Because unforeseen expenses can be very costly. You may be thinking that you may be able to avoid accidents, but many…

Save Big On Your AB 1523 Compliance

How To Get The Most Cost Effective Coverage Hopefully, you have already heard that AB 1523 passed, meaning that residential care facilities for the elderly will need to carry at least $1,000,000 per occurrence and $3,000,000 in the annual aggregate of liability insurance. This insurance coverage is designed to step in to protect both residents…

Is AB 1523 Too Costly?

Understanding How This Law Affects RCFEs As you likely know at this point, Governor Jerry Brown has signed AB 1523, which mandates that all Residential Care Facilities for the Elderly (RCFEs) in California must carry liability insurance. There has been some concern, particularly among smaller RCFEs, that the cost of carrying this type of coverage…

For RCFE Owners From RCFE Owners

Meeting Liability Requirements By The July 1st Deadline Built Insurance Brokerage, LLC is equipped with a young team of innovative professionals helping to make a change in the insurance industry from a consumer’s standpoint. At the same time, this experienced team of professionals works towards helping future independent brokers to establish a streamlined sales and…